Dublin, March 24, 2025 (GLOBE NEWSWIRE) — The “Electric Vehicle Telematics – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Electric Vehicle Telematics was valued at US$13.5 Billion in 2024 and is projected to reach US$41.7 Billion by 2030, growing at a CAGR of 20.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the electric vehicle telematics market is driven by several key factors, including the global shift toward electric mobility, advancements in telematics technology, and the increased adoption of EVs in commercial fleets. As governments and regulatory bodies worldwide push for reduced emissions and promote clean energy initiatives, the demand for EVs has surged, leading fleet managers and businesses to adopt telematics systems that help maximize the efficiency and cost-effectiveness of their EV investments.
Technological advancements in data processing, cloud computing, and IoT have also expanded the functionality of EV telematics, allowing for sophisticated real-time monitoring, predictive maintenance, and energy optimization, which are essential for ensuring the profitability and reliability of EV fleets. In the commercial sector, industries such as logistics, public transportation, and ride-hailing are increasingly adopting EV telematics to manage charging schedules, monitor battery performance, and optimize route planning, aligning their operations with sustainability goals and regulatory requirements.
Consumer preferences for eco-friendly options have further accelerated EV telematics adoption, as businesses strive to build environmentally responsible brands. Finally, the rapid expansion of the charging infrastructure has created a supportive environment for EV telematics, enabling better route planning and efficient charging management. Together, these factors – regulatory support, technological innovation, market demand for sustainable fleet solutions, and growing infrastructure – are fueling the growth of the EV telematics market, positioning it as a cornerstone in the electric mobility ecosystem.
How Have Technological Advances Enhanced the Functionality of EV Telematics?
Technological advancements in data analytics, cloud computing, and Internet of Things (IoT) have significantly expanded the capabilities and accuracy of EV telematics systems, allowing for more detailed insights and enhanced control over vehicle performance. Modern EV telematics systems use IoT sensors to capture data from various vehicle components, such as the battery, motor, and braking system, and transmit this data in real-time to cloud-based platforms.
Through data analytics, this information is processed and transformed into actionable insights on factors like battery health, optimal charging times, and route efficiency, which fleet managers and drivers can access from any location through mobile or web applications. Additionally, advancements in machine learning and predictive analytics allow telematics platforms to anticipate maintenance needs based on historical usage patterns, reducing downtime and extending vehicle lifespan.
With GPS integration, EV telematics also enables precise route planning by considering battery range and available charging infrastructure, helping drivers avoid range anxiety and unnecessary detours. Together, these technological improvements have made EV telematics a powerful tool that not only tracks real-time performance but also optimizes maintenance, safety, and overall operational efficiency.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agero, Inc., ampcontrol.io, Atlanta Systems Pvt. Ltd, Azuga, CSS Electronics and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 127 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value (USD) in 2024 | $13.5 Billion |
| Forecasted Market Value (USD) by 2030 | $41.7 Billion |
| Compound Annual Growth Rate | 20.6% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Electric Vehicle Telematics – Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Rising Adoption of Electric Vehicles Drives Growth in Electric Vehicle Telematics Market
- Increasing Focus on Real-Time Vehicle Monitoring Fuels Demand for Telematics Solutions
- Here`s How Advances in IoT and Connectivity Enhance Telematics Capabilities in EVs
- Growing Emphasis on Range Optimization Expands Market for Telematics in Battery Monitoring
- Rising Demand for Fleet Management Solutions Supports Telematics Integration in Commercial EVs
- Focus on Enhanced Driver Safety Drives Demand for Telematics in EVs with ADAS Features
- Advancements in Over-the-Air (OTA) Updates Enable Remote System Improvements in EVs
- Growing Demand for Charging Station Navigation Expands Applications for Telematics Solutions
- Here`s How Telematics Improves EV Battery Health Monitoring and Performance Management
- Increasing Integration with Smart City Infrastructure Supports EV Telematics Expansion
- Rising Use of Telematics in Insurance Programs Fuels Growth in Usage-Based Insurance for EVs
FOCUS ON SELECT PLAYERS:Some of the 43 major companies featured in this Electric Vehicle Telematics market report include:
- Agero, Inc.
- ampcontrol.io
- Atlanta Systems Pvt. Ltd
- Azuga
- CSS Electronics
- ERM Electronic Systems Ltd.
- Geotab, Inc.
- Intellicar Telematics
- INVERS GmbH
- Levl Telematics Limited
For more information about this report visit https://www.researchandmarkets.com/r/ga5bs6
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- Electric Vehicle Telematics Market
